What is revenue-based POC in SAP CO-PC - Product Cost Controlling?

SAP Term: revenue-based POC

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: Measurement of the percentage of completion in terms of revenues received.

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• Key Concepts: 
  Revenue-based POC is a feature of SAP's CO-PC Product Cost Controlling component. It allows companies to calculate the cost of goods sold (COGS) based on the revenue generated from the sale of a product. This helps companies to accurately measure their profitability and make better decisions about pricing and production. 
  
  How to use it: 
  Revenue-based POC can be used to calculate the cost of goods sold (COGS) for a product. This is done by entering the revenue generated from the sale of the product into the system. The system will then calculate the COGS based on this information. This information can then be used to make decisions about pricing and production. 
  
  Tips & Tricks: 
  When using revenue-based POC, it is important to ensure that all relevant information is entered into the system accurately. This will ensure that the COGS calculation is accurate and that decisions made based on this information are sound. 
  
  Related Information: 
  Revenue-based POC is just one of many features available in SAP's CO-PC Product Cost Controlling component. Other features include cost center accounting, material ledger, and profitability analysis. These features can be used together to gain a better understanding of a company's profitability and make better decisions about pricing and production.